• 제목/요약/키워드: Innovation activity

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기술혁신활동이 부도위험에 미치는 영향 : 한국 유가증권시장 및 코스닥시장 상장기업을 중심으로 (Technology Innovation Activity and Default Risk)

  • 김진수
    • 기술혁신연구
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    • 제17권2호
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    • pp.55-80
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    • 2009
  • 기술혁신활동은 타 기업에 대한 진입장벽 구축, 공정개선 및 신제품 개발을 가능하게 함으로써 이익의 증대, 안정적 수익원의 확보 및 매출액의 증대를 가능하게 한다. 또한 기존 기업에게 신기술에 대한 대응력과 내재되어 있는 역량의 증대를 가능하게 함으로써 생존의 기회를 부여한다. 따라서 기술혁신활동은 부도위험을 줄일 수 있다. 그러나 기술혁신활동은 많은 자원의 투입을 필요로 함과 동시에 이에 내재된 성공의 불확실성으로 말미암아 오히려 기업의 부도위험을 증가시킬 수 있다. 이에 본 연구는 기업의 기술혁신활동이 부도위험에 미치는 영향을 분석하고자 한다. 기술혁신활동이 부도위험에 미치는 영향의 분석을 위해 본 연구는 2000년부터 2008년 까지 한국거래소 유가증권시장과 포스닥시장에 계속 상장된 기업으로 산업분류 상 제조업을 영위하는 기업을 대상으로 하였다. 기술혁신활동의 대용변수는 기존 연구에서 밭이 이용되고 있는 연구개발집약도를, 부도위험의 대용변수는 Black & Scholes(1973)의 유럽형 콜옵션 가격결정모형에 기반한 Merton(1974)의 타인자볼자격결정모형을 이용하여 측정된 부도확률을 각각 사용하였다. 추가적으로 부도위험의 대용변수로써 KIS 신용평점을 이용하여 강건성 검정을 실시하였으며, 주요 실증분석 결과는 다음과 같다. 첫째, 전체표본과 이를 유가증권시장표본 및 코스닥시장표본으로 나누어 분석한 결과 모든 표본에 있어 기술혁신활동의 대용변수인 연구개발집약도는 1% 수준에서 유의한 음(-)의 회귀계수를 보였다. 기업의 소속 시장 여부와 관계없이 기술혁신활동이 부도위험을 낮추는 중요한 변수임을 알 수 있었다. 둘째, 전체표본을 기업규모(대기업표본 및 중소기업표본), 기업연령(상위 50% 표본 및 하위 50% 표본) 및 신용평점(10~6점 표본 및 5~1점 표본)에 따라 분류하여 분석한 결과 모든 표본에 있어 연구개발집약도의 회귀계수는 유의수준에서 다소 차이를 보일 뿐 음(-)의 유의한 값을 보였다. 기업규모, 기업연령 및 신용평점의 정도와 관계없이 기술혁신활동이 증가할수록 부도위험이 감소함을 확인하였다. 셋째, 연구개발비는 자산과 비용으로 처리되는 그 여부와 관계없이 모두 부도위험과 음(-)의 유의한 관계를 가짐을 확인하였다. 또한 KIS 신용평점을 이용하여 분석한 강건성 검정 결과 기업의 소속 시장 여부와 관계없이 기술혁신활동이 부도위험을 낮추는 중요한 변수임을 거듭 확인할 수 있었다. 실증분석결과 본 연구는 기술혁신활동이 부도위험을 감소시키는 중요한 변수임을 확인하였다. 기업의 부도위험을 낮추기 위해 경영자는 기술혁신활동에 대한 지속적인 관심과 투자가 필요하겠으며, 국가의 기업지원 방향 역시 기업의 기술혁신활동을 촉진할 수 있도록 설계 되어야 하겠다.

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혁신활동별 성과 인식의 기대 차이에 관한 연구 -지속가능경영활동을 중심으로- (Research on different expectations on recognition of innovative activities)

  • 김광수;최상학
    • 품질경영학회지
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    • 제39권1호
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    • pp.109-119
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    • 2011
  • This study distinguished innovation activities into 3 main things (sustainability management activity, management innovation activity and quality innovation activity). Performance differences among those 3 innovation activities are again distinguished into 4 things (affecting on sales revenue, increasing productivity, improving its corporate image and cost reduction) to demonstrate recognition of performance. We also demonstrated difference of performance between manager and other workers.

Networks and Innovative Performance of the Korean Manufacturing Firms

  • 성태경
    • 기술경영경제학회:학술대회논문집
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    • 기술경영경제학회 2005년도 통합학술대회 논문집
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    • pp.5-28
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    • 2005
  • This paper estimates the effect of networks on innovative performance at the firm level , using Korean Innovation Survey (KIS) dataset Product innovation, product improvement , and process innovation are used as proxies for innovative activity. The explanatory variables such as firm size, market concentration ratio, lagged profitability, foreign ownership, export ratio, firm's age, formal R&D activity, and industrial R&D intensity are yet other considerations. With two year-long (2000 and 2001) data from 1,124 Korean manufacturing firms, we estimated the logistic regression model. The research finding indicates that the external networks have a strong positive effect on innovative output regardless of type of innovation. However, the network effects by partner (other firms or research institutions) vary across the type of innovation. Especially, we found that the user-supplier linkage plays an important role in product ion innovation, product improvement, and process innovation.

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통초, 필발을 포함한 7종 한약재 추출물의 항산화 및 항염증 활성 (Anti-Oxidative and Anti-Inflammatory Activities of Seven Medicinal Herbs including Tetrapanax papyriferus and Piper longum Linne)

  • 진경숙;오유나;이지영;손병일;최우봉;이은우;권현주;김병우
    • 한국미생물·생명공학회지
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    • 제41권2호
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    • pp.253-262
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    • 2013
  • In this study, we analyzed the anti-oxidative and anti-inflammatory activities of seven medicinal herbs. All extracts of the tested herbs, Euryale ferox Salisbury, Echinops setifer Iljin, Amomum cardamomum Linne, Tetrapanax papyriferus, Illicium verum Hook. f., Typha orientalis Presl, and Piper longum Linne, exhibited potent anti-oxidative activity as confirmed by DPPH radical scavenging capacity. Lipopolysaccharide (LPS) induced nitric oxide (NO) production, in the RAW 264.7 cell line, was also ameliorated by all extracts' treatments in a dose dependent manner. NO suppressive activity originated from the inhibition of inducible nitric oxide synthase (iNOS) protein expression by the extracts. Three extracts, E. ferox S., I. verum Hook. f., and P. longum L., possessed suppressive activity against, not only iNOS, but also cycloxygenase 2 (COX-2) protein expression. These three extracts may then serve as potential candidates for non steroidal analgesic inflammation drugs (NSAIDs). Furthermore, all extracts induced anti-oxidative enzyme, heme oxygenase 1, protein expression. Taken together, these results provide an important new insight into the fact that various medicinal herbs possess potent anti-oxidative and anti-inflammatory activities and might be utilized as promising agents in the field of health products. Further studies for the identification of the active compounds from medicinal herbs are clearly needed.

The Semiconductor Industry and High-Quality Economic Development: An International Perspective

  • Eun-Young Nam;Xiao-Long Wang
    • Journal of Korea Trade
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    • 제26권7호
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    • pp.77-92
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    • 2022
  • Purpose - This paper is an empirical investigation of the mediation effect of innovation activity in industry transformation considering the relationship between the semiconductor industry and high-quality economic development. The research questions are whether the semiconductor industry drives high-quality economic development and if so, what is the semiconductor industry's role in high-quality development? We found that the semiconductor industry has clearly improved the quality of economic development, and its comparative advantage has significantly increased per capita national incomes. Furthermore, innovation activity proved to be an intermediary factor for the semiconductor industry to promote high-quality economic development. The world economy should aim to reasonably develop the international semiconductor industry and cultivate innovation markets. Design/methodology - Our empirical model considers the relationship between the semiconductor industry, innovation activity, and high-quality economic development. We constructed an analysis framework based on data from 199 World Bank economies between 1995 and 2019, and we used a mediation effect method to calculate the total effect of the semiconductor industry on promoting high-quality economic development, the indirect effect of the semiconductor industry on promoting innovation activity, and the mediation effect of these innovation activities on the promotion of high-quality economic development. Findings - The results show that the semiconductor industry has significantly promoted high-quality economic development. This is true even after the robustness test of grouping and alternative variables was applied. An analysis of the mechanism shows that promoting patents, scientific research, efficient government, and urban management innovation are important mechanisms for the semiconductor industry to release high-quality development dividends. Originality/value - Although it has been shown that specific industries like semiconductors can affect high-quality economic development through industrial upgrading, few researchers have attempted to empirically test the impact of the semiconductor industry on high-quality economic development. In this paper, we use a mediation effect model, alternative variables and a grouping test to find the internal mechanisms of the comparative advantage of the semiconductor industry in high-quality economic development from the perspective of innovation activity.

Innovative development of regions in the era of digital economy: world experience and Ukrainian realities

  • Samiilenko, Halyna;Khudolei, Veronika;Kharchenko, Yuliia;Povna, Svitlana;Samoilovych, Anastasiia;Khanin, Semen
    • International Journal of Computer Science & Network Security
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    • 제21권6호
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    • pp.61-70
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    • 2021
  • Within the article, forms of innovation structures are systematized, and those that exist in Ukraine are identified, their features, purpose and functions are clarified, activities and current state of their functioning are analyzed. It is proved that in the conditions of digital economy, domestic innovation structures are underdeveloped and do not fulfill their leading role at the present stage of innovative development of the country. To understand the importance of effective operation of innovation infrastructure, the main world models of innovation development are considered, and the directions of using the experience of their functioning for Ukraine are determined. The main indicators of innovation activity of Ukraine in the context of regions are analyzed. There is a significant differentiation of innovation indicators in the regional context. The cartographic analysis of innovative activity of regions is presented. The mechanism of definition and implementation of priority directions of innovative activity in the context of the digital economy development is offered.

기술경영활동수준, 기술혁신역량이 사업화성과에 미치는 영향에 관한 연구: 중소기업 창업성장기술개발지원사업을 중심으로 (A Study on Commercialization Performance by the Level of Technology Management Activity and Technology Innovation Competency: Focused on Government Funded R&D Project for Start-up SMEs)

  • 조기영;백낙기;장영순
    • 대한안전경영과학회지
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    • 제17권4호
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    • pp.343-352
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    • 2015
  • This study analyzes the business performance of research and development(R&D) and especially studies the effect of technology management activity and technology innovation competency on commercialization performance. According to previous studies, the technology management activity can be composed of technological innovativeness, analysis of market, R&D method, and appropriateness for commercialization plan. Also, the technology innovation can be divided into patent, R&D manpower, R&D investment ratio, production capability, and marketing capability. On the result of the analysis, all the components of technology management activity are positively related with commercialization performance. In case of technology innovation competency, however, only production and marketing capabilities have influence on the business performance. Especially, marketing capability controls the effect of technology management activities on the commercialization performance. Consequently, technology management is very important activity for SMEs to succeed commercialization and SMEs should collaborate with production and marketing departments from the early stage of R&D.

신기술무역이론의 미시적 실증연구 (An Empirical Study at Firm Level on New Technological Trade Theory)

  • 김선홍
    • 기술혁신학회지
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    • 제1권2호
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    • pp.192-207
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    • 1998
  • This paper focuses on the relationship between innovation and export performance of technology-based firms in Korea. This study analyses the relationship between innovative activity and firm's performances using a sample of 760 technology-based firms in Korea. As for the firm's performance indicators, export is employed. The empirical results support that innovation has a positive effect on firm's export performance. However, for small and medium firms, the relationship between innovative activity and export performance is an U-shape quadratic form, which shows that small firms takes a minimum innovative expenditure in order to access the abroad market. Also, with product differentiation, innovative firms tends to devot more to domestic market than to abroad market. Therefore, it can be concluded that innovative activity builds market power and accelerates export performance. And product differentiation through advertising expenditure make innovative firms less exporting.

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중소기업 가치사슬 경쟁력이 대.중소기업 상생활동 성과에 미치는 영향에 관한 실증연구 (An Empirical Study on the Influence of Collaborative Performance of Large Corporations and SMEs Value Chain Competence in SMEs)

  • 박우종;박광호
    • 산업경영시스템학회지
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    • 제35권3호
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    • pp.16-23
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    • 2012
  • Large corporations and small and medium-sized enterprises businesses have tried finding cooperative partner models through win-win activity. In this study, certain factors were researched, which affect on the achievements by win-win activity of large corporative and SMEs from a standpoint of development by SMEs, the establishment of confidence, technical innovation and competence of value chain competence in order to enforce supplying value under the win-win activity. The result of this research presents that the achievement of win-win activity by large corporations and SMEs is related positively to developmental capability, cooperative culture, developmental innovation, innovation of process, outer technological innovation and value chain.

Management of Innovation and Investment Activities of Enterprises in the Conditions of Digitalization to Increase Their Competitiveness in the International Market

  • Kravchuk, Nataliia;Rusinova, Olha;Desyatov, Tymofii;Lapshyn, Ihor;Alnuaimi, Ali Juma Ali Sallam
    • International Journal of Computer Science & Network Security
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    • 제22권3호
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    • pp.335-343
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    • 2022
  • The article analyzes the features of innovation and investment activities of enterprises in the context of digitalization to increase their competitiveness in the international market. Ukraine's position on the Global Innovation Index is assessed. The interrelation of management functions in the context of innovation and investment activities of enterprises is substantiated. The structure of sources of financing of innovative activity of industrial enterprises is analyzed. Trends in changes in the volume of foreign direct investment and capital investment in Ukraine are assessed. It is determined that the level of innovative development of enterprises is determined by the level of their investment support, which is determined by the level of their investment attractiveness. The components of the strategy of investment attractiveness of enterprises are outlined. Determining factors in the implementation of innovation and investment policy of enterprises are identified and the main stages that should include the processes of managing innovation and investment activities of enterprises in the context of digitalization.